PSG Analyst - MDP Compensation Operations

The Boston Consulting Group GmbH; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading consulting firm seeks a Compensation Operations Analyst to manage MDP compensation systems and processes. The role involves analytical tasks, supporting compensation models, and collaboration with finance functions. Ideal candidates have a degree in finance/accounting and relevant experience, coupled with strong analytical and communication skills.

Qualifications

• 2-4+ years of relevant experience in accounting or financial operations.
• Detail-oriented and highly organized for managing multiple priorities.

Responsibilities

• Assist in preparing and updating complex MDP compensation models.
• Review Profit Sharing Retirement Fund calculations and provide feedback.
• Document core processes and implement automation improvements.

Skills

Analytical skills

Organizational skills

Problem-solving

Communication skills

Education

Bachelor’s degree in finance, accounting or a related field

Tools

MS Office (Excel, PowerPoint, Word)

Microsoft Power Apps

Tableau

Job description

Locations: Canary Wharf | Lisbon

Who We Are

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

What You'll Do

You’ll work on a team that provides a wide range of services to our Managing Directors & Partners (MDPs), manages our MDP compensation and equity programs, including overseeing the annual MDP evaluation process and reporting cycle. In addition, the group supports MDP ‘life cycle’ events (e.g., lateral hiring, promotions, departures, and transfers).

In this position, you will develop a deep understanding of the MDP compensation programs and work closely with other PSG teams and Finance functions including Tax, Treasury and Global Accounting. The work is challenging, very visible and requires strong analytical, organizational and problem-solving skills.

As a Compensation Operations Analyst on the PSG Compensation Operations team, you will support the delivery and administration of compensation programs for MDPs. Your responsibilities will include:

• Assisting in the preparation and ongoing updates of complex MDP compensation models, including salary, bonus, and deferred compensation calculations.
• Preparing, authorizing, and tracking MDP compensation payments in alignment with internal controls and timelines.
• Reviewing Profit Sharing Retirement Fund (PSRF) calculations submitted by local finance teams and providing feedback based on global eligibility rules and knowledge of local programs.
• Performing detailed analysis of current or historical compensation data to support recurring operations and decision-making.
• Engaging with the PSG Product Portfolio team to continuously support and evolve with our business, contributing to requirements gathering, system testing (UAT), and process enhancements.
• Documenting core processes and utilizing digital tools to design and implement automation or control improvements.
• Preparing and reviewing annual MDP statements and communications, ensuring accuracy and clarity regarding awards and payment schedules
• Collaborating with team members in PSG and the broader global finance organization on cross functional initiatives and ad hoc projects.

YOU’RE GOOD AT

You are detail-oriented, rigorous about accuracy and take a critical eye toward the comprehensive process and completeness of work. You challenge the outcomes of your work and test your understanding of how you got there. You are organized, appreciate the importance of strong policies and procedures to maintain trust in the process and have sound judgment in navigating exceptions. You develop collaborative working relationships with those you interact with and ask questions to clarify your understanding. You seek to provide a high level of professional customer service and have excellent communication skills. Your curiosity leads you to exploring options and solving problems with automation and digital solutions.

Developing an understanding of the operation and function of the compensation process to navigate and suggest efficiencies is critical for success in the role. Critical thinking skills are key to navigating the most efficient ways to organize a process and collect data required to complete various responsibilities. Growth in the role will be measured by the synergies developed in performing the various processes and improvements you help to implement, including finding new or better ways to use existing tools.

You bring a positive attitude, look forward to learning from your peers and building relationships with others. You adapt to feedback and look to make improvements and add value for your customers.

What You'll Bring

• Bachelor’s degree in finance, accounting or a related field
• 2-4+ years of relevant experience in areas such as accounting, audit, compensation, or financial operations—ideally within a global organization
• Strong analytical mindset with a curiosity for solving problems
• Effective communicator with the ability to present information clearly and professionally to stakeholders at various levels
• Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment
• Proficient in MS Office tools, especially Outlook, Excel, Word, and PowerPoint
• Experience with digital tools such as Microsoft Power Apps and Tableau is strongly preferred
• Comfortable adapting to shifting priorities and working independently with minimal supervision
• Demonstrated ability to handle sensitive personal data with confidentiality and discretion
• Self-motivated and proactive, with the ability to identify issues, suggest improvements, and contribute to team success

Who You'll Work With

PSG is the function responsible for the leadership and operation of all aspects of evaluation, compensation, equity and HR for our MDP cohort. The PSG team is within the Global Services function. Global Services (GS) consists of a varied range of functions providing corporate support for BCG's business and strategic priorities, for example, Finance, Legal, HR, Marketing, IT, Risk, PSG and more. This diverse team of experts, operators and specialists represent all levels from MDP to entry level staff, operating across the globe in multiple countries. The role will be part of the PSG Compensation Operations team and will work closely with the PSG Equity Operations team and other sub-functions within PSG.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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